Delano Licenses Autonomy Technology In Its Velocity E-Business For Future Use Applications
San Francisco, Calif. (November 8, 1999) - Autonomy, Inc. today announced that Delano Technology Corp., a provider of interaction-based e-business solutions for the enterprise, will embed Autonomy's core technology into one of the company's 'Velocity' e-business applications.
Because Autonomy's technology can automatically identify the main ideas in any text, it can easily automate a broad range of functions for any software application involving news articles, product descriptions, email messages or office documents. These functions range from sorting information by topic, to profiling users based on the information they read or write, to inserting hypertext links to related information, to routing information to those most likely to be interested.
"Autonomy's technology is a best of class solution for performing sophisticated text analysis and matching," said Robert Lalonde, vice president of marketing at Delano Technology Corp. "We plan to integrate Autonomy's technology into future products to address personalization, self-service, and the routing and responding to all electronic communications."
According to Autonomy CEO Mike Lynch, while e-mail and the Web are being used more frequently to respond to customer inquiries, sorting inquiries and routing them for response can be time-consuming. "By using Autonomy's technology, Delano will ensure that electronic interactions managed by its applications are automatically categorized and distributed to the right destination - without manual intervention," said Lynch. "This will enable companies to respond faster, decrease costs and improve their customer service and loyalty."
About Delano Technology Corp.
Delano Technology Corp. is a leader in e-business, with an innovative solution that enables companies to automate, personalize, and manage ongoing interactions with customers, partners, suppliers, and employees. At the core of Delano's e-business solution is the Delano e-Business Interaction Suite, a platform for creating and deploying diverse applications that cover the broad spectrum of sales and marketing, customer service, operations, finance, and human resources. Delano Technology Corp., founded in 1998, is headquartered in Richmond Hill, Ontario with offices in New York, Chicago, San Francisco, and the United Kingdom. For additional information, visit Delano's web site http://www.delanotech.com/ or call (905) 764-5499.
About Autonomy, Inc.
Autonomy's technology powers large-scale, personalized solutions for knowledge management, enterprise portals, new media publishing and electronic commerce. Because of its ability to analyze any piece of text (independent of the document's language) and identify and rank the main ideas, Autonomy can automate a broad range of otherwise labor intensive tasks. These range from categorizing information by subject matter, to inserting hypertext links to related material, to profiling users based on the ideas in the text they read or write, to delivering information to those most likely to be interested.
Autonomy (EASDAQ:AUTN) was founded in 1996 and has offices in Boston, Chicago, Dallas, San Francisco, New York and Washington, D.C in the United States and European/Asia Pacific offices in Amsterdam, Brussels, Cambridge, Frankfurt, Milan, Paris, Oslo and Sydney.
Among its 160-plus customers are Alcatel, Associated Press, Barclays Bank, British Aerospace, Clorox, News Corp., Procter & Gamble, Lucent Technologies, Merrill Lynch, SF Gate, Semi-tech, The Royal Mail, Unilever and Xoom.com. In addition, several software companies are licensing Autonomy's technology to add intelligence to their online publishing, knowledge management, email routing and document management applications, including Aeneid, CoreChange, Delano, FutureTense, Hyperwave, Insight, Intraspect, Global Recall, Nexor, Sagemaker and Verge.
On July 10, 1998, the company went public on the EASDAQ exchange.By October 7, 1999, it had achieved a market capitalization of more than $750 million.
For further information, please contact Autonomy at (415) 243-9955 or visit the company's website at http://www.autonomy.com/.
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